re: mumbwa drilling aum's incredible rise shows the markets...

re: mumbwa drilling aum's incredible rise shows the markets appetite for blue sky results at the moment.

Hopefully we get a feeling for some of the drilling results for mumbwa shortly. As some have mentioned previously, encouraging results could be the impetus for sp appreciation prior to any equity raising.

The consolidation of the sp above 10 cents has been very positive and reassuring although, AIM still has a lot to learn about communicating to the market. The recent slide in sp is in part due to the lack of news/updates coming from company over the past 3 months - creating a lack of momentum when they need it most. eg. "Drilling expected to start at mumbwa in May". - did it actually start? lol.

in saying that, i would expect a roadshow to occur prior to any equity raising to give that impetus the sp needs - or maybe i'm just thinking too rationally :) .

cheers